Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$103,472,985
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
12%
Other Assets
6%
Receivables (Non-Related)
3%
Investments
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$105,391,708
Tax-Exempt Bond Liabilities
60%
Deferred Revenue
23%
Other Liabilities
14%
Payables & Accruals
3%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,199,738
$12,458,156
+289%
Receivables (Non-Related)
$2,590,630
$3,184,781
+23%
Related-Party Receivables
-
-
-
Inventories
$48,641
-
-
Prepaid Expenses
$211,893
$291,433
+38%
Investments
$1,348,009
$1,503,543
+12%
Property, Plant, & Equipment (net)
$81,941,609
$79,643,344
-3%
Other Assets
$16,267,330
$6,391,728
-61%
Total Assets
$105,607,850
$103,472,985
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$3,874,580
$3,129,295
-19%
Grants Payable
-
-
-
Deferred Revenue
$16,174,070
$24,185,339
+50%
Tax-Exempt Bond Liabilities
$84,543,400
$63,487,265
-25%
Custodial & Escrow Liabilities
$116,416
$244,881
+110%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$9,699,704
$14,344,928
+48%
Total Liabilities
$114,408,170
$105,391,708
-8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$8,800,320
-$1,918,723
+78%
Net assets
2023
2024
Change
Net assets
-$8,800,320
-$1,918,723
+78%